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$1,650,000

Beds
4
Baths
3.5
sq ft
2,414

5518 Gulf Dr, Panama City, FL 32408

5518 Gulf Dr

Panama City Beach, FL 32408

  • 287 days on market
    • Price drop $75,000↓
$75k Price improvement! Welcome to your coastal paradise just steps away from the pristine white sand beaches! This stunning home offers the epitome of beachside living with its ideal location directly across from beach access and a mere half-mile stroll to the iconic Schooners.Step inside and be greeted by quality vinyl plank flooring and stylish tile throughout, setting the perfect coastal tone. The kitchen is a chef's dream, boasting stainless steel appliances, solid surface counters, and an inviting layout that makes entertaining a breeze. As you make your way through the home, you'll find a covered porch off the pavered pool deck, providing a perfect spot to unwind and soak in the coastal vibes.Picture yourself enjoying breathtaking Gulf views from the second-level balcony, a perfect spot for sipping your morning coffee or enjoying a sunset cocktail. The thoughtful design of this home includes two spacious Owner's Suites, one conveniently located on the first level and another on the second level. The downstairs Owner's Suite features a double vanity and a walk-in shower, while the upstairs Owner's Suite is a true retreat with its double vanity, walk-in shower, free-standing bathtub, and balcony access.The second level also hosts two additional bedrooms and a bunk room, all sharing a well-appointed hall bathroom. This layout ensures ample space for family and friends to create lasting beachside memories together.Whether you're lounging on the large covered front porch, taking a dip in the refreshing pool, or strolling along the sandy shores just moments away, this home epitomizes the coastal lifestyle. Seize the opportunity to make this beach retreat your own and experience the ultimate in comfort and convenience. Your slice of paradise awaits!

Details

Property type

Single Family Residence

Est. home value

$1,303,156

Lot size

5,663 sq ft

Price per sq ft

$684

Year built

2019

HOA

No

Price History

09/02/2024
CentralPanhandle

CentralPanhandle #750098

Listed
$1,650,000
09/02/2024
CentralPanhandle

CentralPanhandle #750098

Removed
$1,650,000
08/05/2024
CentralPanhandle

CentralPanhandle #750098

Listed
$1,650,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Missouri State Bank

Loan start date

May 2022

Original loan amount

$1,160,000

Est. remaining balance

Not provided

Interest rate

4.67%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Lacw Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/20/2024 at 8:25 PM

Listing updated: 09/06/2024 at 6:09 PM

Listed by: Melissa Walls, The Ketchersid Group, LLC Phone #: (850) 344-9848

MLS: CentralPanhandle #750098

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